TDS means Tax deducted at source. It means the income is taxed as and when you earn. The concept of TDS is applicable in both Acts – newly introduced GST and the Income Tax Act. So, with the help of this blog, let’s get the deep insights. The below table represents the differences between TDS under Income Tax and TDS under GST in a summarised form. S.No. Particulars TDS under Income Tax TDS under GST 1 Deductor Every person who is making the specified payments mentioned under the Income Tax.SEE DETAILS